Re: compitive markets

Posted by anon_econ on Apr 05, 2012; 11:15am
URL: http://discussion-forum.276.s1.nabble.com/compitive-markets-tp7438272p7439537.html

I'm not really getting what u r saying :(
The equilibrium profit in either firm will be 20000 only if there's only 1 entrepreneur per firm..if there is more than one then profits need to be 20000*no of entrepreneurs :S